Advisory Alpha LLC Reduces Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Advisory Alpha LLC lessened its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 36.7% during the 4th quarter, Holdings Channel reports. The fund owned 10,129 shares of the company’s stock after selling 5,872 shares during the quarter. Advisory Alpha LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $508,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Safe Harbor Fiduciary LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. Bogart Wealth LLC raised its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after purchasing an additional 559 shares during the period. Abich Financial Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth $41,000. Rise Advisors LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 235.1% during the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after buying an additional 771 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 131.4% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after buying an additional 648 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.03 on Thursday. The business has a 50-day moving average of $50.36 and a 200 day moving average of $50.56. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17.

About Vanguard Tax-Exempt Bond ETF

The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.